The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Gaz
''However, buy backs. So rare do they work in the long term. I have only been in one share where buy backs worked''
The object of a buyback is to return capital to shareholders by reducing the number of shares on the market.
I think you will find that every buyback 'works' .
Vulture1 "The yanks love companies that do share buy backs and it often does help raise the share price."
Although more than often doesnt have a positive effect, av. Vod and ulvr cases in point
thankyou i understand now
The yanks love companies that do share buy backs and it often does help raise the share price.
Also excellent to see the £500 million is just the start of an ongoing programme.
of course if volume is very low .....
sv
''The buy-back program is scheduled to last until October 2022 as per the RNS''
No - that is a cut off point - the programme will finish at a time depending on daily spend which in turn is determined by volume.
Orla The buy-back program is scheduled to last until October 2022 as per the RNS
Thank you Lti I think I just about understood that lol.
or simply look at the first few buyback RNS's to see the amount being spent each day
o56
A buyback when shares are cancelled will increase the earnings per share figure.
The market determines the share price on a daily basis.
Tesco will be able to purchase up to 20% of average volume over the previous X amount of days . You could roughly therefore work out for yourself how long it would take to spend £500 million
Hi,
Reading about the buy back not very clued on all this. So how long will the buy back go on for and will it keep pushing the sp up.
I prefer the typo £23 :-)
Explaining to wife you have just bought Tesco on ebay for £23 including postage.
And canceling them i.e less shares in circulation.
my
if you put your shares up for sale whilst tesco is on a buyback programme, then there is a chance that they will be the ones that are buying yours - lol
Tesco won't be fussed who they are buying from.
Myq
A buyback programme is simply purchasing shares on the market, just like any other purchases that are taking place by the minute.
hi im still very new to all this, how will the buy back work? can they just buy back my shares?
thanks
Hi, new here but great to finally see some positive news, should have know this was coming with how busy our local store is.
There are some folk that are never grateful!!
a company consolidating its shares would not automatically increase dividends per share. One company could simply decrease its shares by 50%, thereby allowing doubled dividend payment, or a company could do a consolidation, as in the case of Tesco , after selling off assets and returning to shareholders.
r1234
''What their stated policy is, is irrelevant to that fact.''
The policy is a fact - any total dividend increase for the year will be made at the final stage, and if that were to happen then next years 35% interim payment will be greater than this years.
@lti. I'm saying that they have cut the dividend compared to last year. What their stated policy is, is irrelevant to that fact.
£23 Billion
a market cap of £23 is not an impossibility
pleased with the announcements ...300p surely not out of the question...?
''on the move''
and accelerating